A former Café/Restaurant of approximately 1,425 ft² ( 132.4 m²) benefitting from a fully fitted kitchen with canopy and extraction. The unit is available to let on a new lease at a rent of £30,000pa exc, subject to an ingoing premium of £40,000 to include a comprehensive inventory.
The unit is situated in a prime position on The Promenade, Gloucester Road, next to Costa Coffee.
Early enquiries are recommended.
DESCRIPTION -
A former Café/Restaurant of approximately 1,425 ft² ( 132.4 m²) benefitting from a fully fitted kitchen with canopy and extraction.
The unit is available to let on a new lease at a rent of £30,000pa exc, subject to an ingoing premium of £40,000 to include a comprehensive inventory.
The unit is situated in a prime position on The Promenade, Gloucester Road, next to Costa Coffee.
Early enquiries are recommended.
LOCATION -
The unit is situated in a prime position on Gloucester Road, on The Promenade. Neighbouring occupies include Costa Coffee, The Blue Lagoon, and The Salvation Army.
BUSINESS RATES -
The rateable value with effect from April 2017 is £18,500.
ENERGY PERFORMANCE CERTIFICATE -
Rating: D (Valid until August 2031).
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied on.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
LEASE DETAILS -
The unit is available to let on a new effectively, full repairing and insuring basis, subject to an ingoing premium of £40,000 to include a comprehensive inventory. The full inventory details are available on request. Each party to incur their own respective legal fees.
CODE FOR LEASING BUSINESS PREMISES -
We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.
TENANT APPLICATION FEE -
The ingoing tenant will be charged an application fee of £250 plus VAT (£300 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
VIEWINGS -
By appointment.
CONTROL OF ASBESTOS REGULATIONS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
